![](https://sweetcrudereports.com/wp-content/uploads/2019/01/Kuwaiti-oil-minister-Khaled-al-Fadhel-e1547988520600.jpg)
20 January 2019, Cairo — Kuwaiti oil minister Khaled al-Fadhel wants the funds allocated by the oil sector for spending within the 2040 strategy to be reconsidered, Al-Rai newspaper reported on Saturday.
The minister said he is not against expansion in the oil sector but described the funds, estimated at 150 billion Kuwaiti dinars ($495 billion), as “optimistic”, al-Fadhel said.
*Ahmad Hagagy, Hesham Hajali; editing: Jason Neely – Reuters
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